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Sugi Holdings Co (FRA:UGI) Piotroski F-Score : 7 (As of May. 24, 2024)


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What is Sugi Holdings Co Piotroski F-Score?

Good Sign:

Piotroski F-Score is 7, indicates a very healthy situation.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Sugi Holdings Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

The historical rank and industry rank for Sugi Holdings Co's Piotroski F-Score or its related term are showing as below:

FRA:UGI' s Piotroski F-Score Range Over the Past 10 Years
Min: 5   Med: 7   Max: 8
Current: 7

During the past 13 years, the highest Piotroski F-Score of Sugi Holdings Co was 8. The lowest was 5. And the median was 7.


Sugi Holdings Co Piotroski F-Score Historical Data

The historical data trend for Sugi Holdings Co's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sugi Holdings Co Piotroski F-Score Chart

Sugi Holdings Co Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 6.00 6.00 7.00 7.00

Sugi Holdings Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.00 - - - 7.00

Competitive Comparison of Sugi Holdings Co's Piotroski F-Score

For the Pharmaceutical Retailers subindustry, Sugi Holdings Co's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sugi Holdings Co's Piotroski F-Score Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Sugi Holdings Co's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Sugi Holdings Co's Piotroski F-Score falls into.


How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Feb24) TTM:Last Year (Feb23) TTM:
Net Income was €136 Mil.
Cash Flow from Operations was €242 Mil.
Revenue was €4,613 Mil.
Gross Profit was €1,418 Mil.
Average Total Assets from the begining of this year (Feb23)
to the end of this year (Feb24) was (2470.343 + 2419.89) / 2 = €2445.1165 Mil.
Total Assets at the begining of this year (Feb23) was €2,470 Mil.
Long-Term Debt & Capital Lease Obligation was €3 Mil.
Total Current Assets was €1,233 Mil.
Total Current Liabilities was €847 Mil.
Net Income was €133 Mil.

Revenue was €4,687 Mil.
Gross Profit was €1,422 Mil.
Average Total Assets from the begining of last year (Feb22)
to the end of last year (Feb23) was (2558.391 + 2470.343) / 2 = €2514.367 Mil.
Total Assets at the begining of last year (Feb22) was €2,558 Mil.
Long-Term Debt & Capital Lease Obligation was €0 Mil.
Total Current Assets was €1,404 Mil.
Total Current Liabilities was €821 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Sugi Holdings Co's current Net Income (TTM) was 136. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Sugi Holdings Co's current Cash Flow from Operations (TTM) was 242. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Feb23)
=136.18/2470.343
=0.05512595

ROA (Last Year)=Net Income/Total Assets (Feb22)
=133.431/2558.391
=0.05215426

Sugi Holdings Co's return on assets of this year was 0.05512595. Sugi Holdings Co's return on assets of last year was 0.05215426. ==> This year is higher. ==> Score 1.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Sugi Holdings Co's current Net Income (TTM) was 136. Sugi Holdings Co's current Cash Flow from Operations (TTM) was 242. ==> 242 > 136 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Feb24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb23 to Feb24
=3.228/2445.1165
=0.00132018

Gearing (Last Year: Feb23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Feb22 to Feb23
=0/2514.367
=0

Sugi Holdings Co's gearing of this year was 0.00132018. Sugi Holdings Co's gearing of last year was 0. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Feb24)=Total Current Assets/Total Current Liabilities
=1233.27/846.658
=1.45663302

Current Ratio (Last Year: Feb23)=Total Current Assets/Total Current Liabilities
=1403.91/821.458
=1.7090466

Sugi Holdings Co's current ratio of this year was 1.45663302. Sugi Holdings Co's current ratio of last year was 1.7090466. ==> Last year's current ratio is higher ==> Score 0.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Sugi Holdings Co's number of shares in issue this year was 180.956. Sugi Holdings Co's number of shares in issue last year was 180.956. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=1417.852/4612.707
=0.30737959

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=1421.741/4686.957
=0.30333989

Sugi Holdings Co's gross margin of this year was 0.30737959. Sugi Holdings Co's gross margin of last year was 0.30333989. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Feb23)
=4612.707/2470.343
=1.86723342

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Feb22)
=4686.957/2558.391
=1.83199401

Sugi Holdings Co's asset turnover of this year was 1.86723342. Sugi Holdings Co's asset turnover of last year was 1.83199401. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+1+1+0+0+1+1+1
=7

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Sugi Holdings Co has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.

Sugi Holdings Co  (FRA:UGI) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Sugi Holdings Co Piotroski F-Score Related Terms

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Sugi Holdings Co (FRA:UGI) Business Description

Traded in Other Exchanges
Address
1-8-4 Mikawaanjo-cho, Anjo-shi, JPN
Sugi Holdings Co Ltd generates revenue through pharmaceutical care in Japan. The company's drug stores sell prescription and generic drugs along with general merchandise including premium and discount groceries, discount cosmetics, pet supplies, and health supplements that are designed for self-medication. Sugi Holdings also provides disease prevention and drug delivery services. The company's Cedar Pharmacy group operates regional drugstores designed for providing health consultation. Sugi Holdings also supports regional healthcare facilities and provides at-home nursing services.